This situation show's cleaely only decentralized banking and finances are real true future.
Yes and no. Decentralized banking and finances has potentials and of course has an edge in the future because we people wants to have a much safer assets that we can control ourselves. Though fiat lacks this feature but it will still be our daily drive when it comes to buying and paying physical assets specially in smaller amount.
Due to political situation Also around world banks will conflict each other.
And how can we trust anymore If some country think they. Can take for any reason.
People now Understood decentralized only way and why do you need Even third partie bank?
If btc and crypto atm you can get cash and insert cash.
If you live in spain here everywhere is cryptocurrency atm machines and we need more of those we don't need to Even exchange with Banks our money but the cryptocurrency cash ATM can work well.
Dubai is good example less restrictions and a lot cryptocurrency adoptoin that's why everybody take their money out Western countries becouse we like the way my money is my money.
Over the next years only financial business what people like is the cryptocurrency ATM machines.
Also rich people have fight with each other becouse a lot of political problems and some countries start to take money that's not the way bank can survive.
I stay away from any Banks and everybody who are smart do Same